Centerpoint Energy Inc (NYSE: CNP) has a price-to-earnings ratio of 21.81x that is above its average ratio. Additionally, the 36-month beta value for CNP is 0.90. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 12 rating it as “hold,” and 0 rating it as “sell.”
The public float for CNP is 648.68M and currently, short sellers hold a 3.57% ratio of that float. The average trading volume of CNP on March 04, 2025 was 4.36M shares.
CNP) stock’s latest price update
The stock price of Centerpoint Energy Inc (NYSE: CNP) has surged by 0.55 when compared to previous closing price of 34.38, but the company has seen a 1.08% gain in its stock price over the last five trading sessions. prnewswire.com reported 2025-02-25 that CenterPoint’s 15 large emergency generation units will help ERCOT meet current and future energy needs for the San Antonio region for up to two years starting in Summer 2025 Greater Houston-area customers will see bill relief related to this transaction of approximately $2 less per month by 2027 Subject to final approvals, CenterPoint will make no revenue or profit off the proposal to help ERCOT and the State of Texas HOUSTON, Feb. 25, 2025 /PRNewswire/ — As part of a commitment to help meet the State of Texas’ immediate energy needs, CenterPoint Energy welcomed today’s approval by the Electric Reliability Council of Texas (ERCOT) Board to move ahead with finalizing CenterPoint’s proposal to utilize 15 large emergency generation units to help address the state’s generation shortfall concerns. Under its proposal, CenterPoint will make no revenue or profit from these 15 units while helping ERCOT and the State of Texas.
CNP’s Market Performance
CNP’s stock has risen by 1.08% in the past week, with a monthly rise of 5.14% and a quarterly rise of 6.27%. The volatility ratio for the week is 1.72% while the volatility levels for the last 30 days are 1.76% for Centerpoint Energy Inc The simple moving average for the past 20 days is 3.65% for CNP’s stock, with a 14.42% simple moving average for the past 200 days.
Analysts’ Opinion of CNP
Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see CNP reach a price target of $34.50. The rating they have provided for CNP stocks is “Buy” according to the report published on December 12th, 2024.
UBS gave a rating of “Buy” to CNP, setting the target price at $37 in the report published on December 03rd of the previous year.
CNP Trading at 6.14% from the 50-Day Moving Average
After a stumble in the market that brought CNP to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.25% of gains for the given period.
Volatility was left at 1.76%, however, over the last 30 days, the volatility rate increased by 1.72%, as shares surge +6.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.80% upper at present.
During the last 5 trading sessions, CNP rose by +1.08%, which changed the moving average for the period of 200-days by +16.55% in comparison to the 20-day moving average, which settled at $33.35. In addition, Centerpoint Energy Inc saw 8.95% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CNP starting from Colvin Kristie, who sale 16,357 shares at the price of $34.10 back on Feb 24 ’25. After this action, Colvin Kristie now owns 118,882 shares of Centerpoint Energy Inc, valued at $557,855 using the latest closing price.
Colvin Kristie, the SVP and CAO of Centerpoint Energy Inc, sale 179 shares at $34.08 during a trade that took place back on Feb 24 ’25, which means that Colvin Kristie is holding 0 shares at $6,100 based on the most recent closing price.
Stock Fundamentals for CNP
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.37 for the gross margin
The net margin for Centerpoint Energy Inc stands at 0.12. The total capital return value is set at 0.05. Equity return is now at value 10.02, with 2.37 for asset returns.
Based on Centerpoint Energy Inc (CNP), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 1.97. The interest coverage ratio of the stock is 2.37.
Currently, EBITDA for the company is 3.49 billion with net debt to EBITDA at 6.06. When we switch over and look at the enterprise to sales, we see a ratio of 5.03. The receivables turnover for the company is 6.36for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.
Conclusion
In conclusion, Centerpoint Energy Inc (CNP) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
